1741 Ishihara Road
1741 Ishihara Road
Description
The city has processed one of the 5 lots for the following development:
(2) homes, 2,200 square feet each
(2) ADU's (upstairs + downstairs)
Total 10 home + 10 ADU's on these lots
Each of the remaining 4 lots are approvable for the same exact development. Basis of value:
House Rent = $5000 per month; ADU rent = $2000 per month
Total rent for the (4) units on each lot = $14,000 per month
X 5 lots = $70,000...5 (almost) finished lots on Anza, all 1/2 acre or larger. Each lot can be sold separately for $950,000
The city has processed one of the 5 lots for the following development:
(2) homes, 2,200 square feet each
(2) ADU's (upstairs + downstairs)
Total 10 home + 10 ADU's on these lots
Each of the remaining 4 lots are approvable for the same exact development. Basis of value:
House Rent = $5000 per month; ADU rent = $2000 per month
Total rent for the (4) units on each lot = $14,000 per month
X 5 lots = $70,000 per month X 12 months = $840,000x.75 = 630,000 Net Operating Income
5% cap rate = $12,600,000 value of 20 units total/4 on each lot
- Listed by Steven Relth • DRE #00674642 • Brokerage DRE #01879943 • Lee and Associates • 619-517-6429
Property Details for 1741 Ishihara Road
Location
Property Details for 1741 Ishihara Road
| Status | Active |
|---|---|
| MLS # | PI24056462 |
| Days on Market | 43 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Land |
| MLS Type | Lot/Land |
| Year Built | - |
| Lot Size | 0.85 AC |
| County | San Diego County |
Location
Building Information for 1741 Ishihara Road
Payment Calculator
$21,362 per month
30 year fixed, 7.25% Interest
$21,284
$78
$0
Property Information for 1741 Ishihara Road
- Current Financing: None
- Tax Tract Number: 2185
- Tax Census Tract: 192.05
- CFD/Mello-Roos Fee: $50
- Tax Lot: 370
- Community Features: Suburban
- Community: VISTA
- View Description: City Lights
- Distance To Water: 50 feet
- Additional Parcels Description: 173-350-27,30,39,40
- Lot Features: 2-5 Units/Acre
- Land Lease: No
- Land Lease Type: Fee
- Water: Public
- Utilities: Electricity Available
- Electric: Electricity Available
- Water Source: Public
- Carport Spaces: 0
- Builders Tract Name: Vista
- Builders Tract Code: Vista
Property History for 1741 Ishihara Road
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1741 Ishihara Road
Schools near 1741 Ishihara Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 5 |
Rating | School | Distance |
|---|---|---|
Mission Meadows Elementary School PublicK to 5 | ||
Roosevelt Middle School Public6 to 8 | ||
Vista High School Public9 to 12 | ||
Casita Center For Science/Math/Technology PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Lee and Associates, Steven Relth, DRE #00674642
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